Question: Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer Cash found in a desk purchased
Jensen reported the following items during the current year: Fair rent value of a condominium owned by Jensen's employer Cash found in a desk purchased for $30 at a flea market Inheritance $1,400 The employer allowed Jensen to use the condominium for free in recognition of outstanding achievement. Based on this information, what is Jensen's gross income for the year?
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